Fiscal restraint looks inevitable in the Eurozone following the pandemic, especially if the fiscal rules are reinstated. How to match this with the need to finance the climate transition? Two possible routes are explored. One is the adoption of a ‘green golden rule’, with the structural...

Scaling up private investment in renewable energy is indispensable for achieving decarbonization of the global economy, low carbon transformation, and climate-resilient growth. As advocated by the United Nations, governments should create a level playing field for private investment in renewable...